Mobile Commerce

The world of global payments is undergoing major changes as new technologies and players enter the payment space. While banks and financial institutions have historically dominated international payments, we are seeing new innovations and non-traditional competitors redefine how money moves across the globe. In recent years, the entire payments chain …

U.S.-based network-management company Transaction Network Services said its technology will manage connectivity for Spain-based Euro Automatic Cash, a network of 1,500 ATMs. Tiptap, a donation platform, said it will enable Visa member financial institutions to offer customers a platform to make small donations to community charities while they are performing routine banking …

Shift4 Payments Inc. announced Thursday it is integrating Amazon.com Inc.’s Just Walk Out technology into its VenueNext application for sports stadiums and other arenas. The big payments processor says it will introduce the checkout system at the United Center in Chicago, a venue where Shift4 already provides processing for purchases …

Visa Inc. says a change to its dispute rules and processes will make it easier for merchants to fight so-called friendly fraud in card-not-present transactions. With such fraud, cardholders dispute legitimate transactions to claim a refund. Payments provider Deluxe Corp. will offer bill-payment technology from Aliaswire Inc. to its banking clients through a new …

The hotly contested restaurant point-of-sale market shows no signs of cooling off. Inspire Brands Inc., a global restaurant chain that is home to Arby’s, Baskin-Robbins, Dunkin’, and four other brands, has expanded its work with processor Fiserv Inc. with the goal of unifying in-store, in-app, and online transactions for more …

MoneyGram International Inc. announced Tuesday it will launch in the first quarter next year a non-custodial digital wallet that will support stablecoins. The wallet’s support of stablecoins—digital currency tied to the value of a national fiat currency, such as the dollar— will enable consumers to move from fiat currency to …

Citcon USA LLC, an e-commerce wallet-technology provider, is adding Block Inc.’s Cash App Pay and Afterpay buy now, pay later payment methods to its inventory of merchant options. In related news, Block’s Square point-of-sale unit is bolstering merchant selling tools with new online features. Citcon’s integration of Cash App Pay, …

Automaker Mercedes-Benz is enabling in-car fuel payments for users of its Mercedes pay+ service. Announced Monday, the service also integrates Mastercard Inc.’s Secure Card on File for Commerce Platform technology. Available initially only on select Mercedes models in Germany, the fuel payment app joins a parking-payment app the giant carmaker …

North American Bancard has joined a growing list of processors offering Tap to Pay on iPhone or its Android-based equivalent to merchants for contactless transactions. A big advantage of Tap to Pay on iPhone, especially for small and micro-merchants, is that it enables them to accept in-person contactless payments on …

Most bankers know that today’s payments are broken. From keeping pace with evolving customer experiences, to navigating the changing regulatory environment, to overcoming competitive threats from nonbanks, many have become so frustrated they are debating whether to abandon some in-house payments channels entirely. Consumers, too, are becoming frustrated with the …